United Spirits (Q1FY25 Results Review): Decent Operating Performance. Maintain ADD
UNSP’s 1QFY25 print was above our estimates; as mid-single-digit volume growth in the P&A surprised us positively despite elections-related...
304 Views
United Spirits (4QFY24): Moderating Growth Outlook. Maintain ADD
UNSP 4QFY24 print was broadly in line with our estimates, however, volume growth in the regular segment surprised us positively
258 Views
Consumer (Q2FY25 Results Preview): One more soft quarter but outlook is improving
We expect our consumer coverage to report revenue growth in mid-single-digits (6% yoy), driven by volume growth. At an aggregate level, we expect...
225 Views
FMCG, Alco Bev & QSR (Q4FY24 Results Preview): Challenging demand environment
Demand environment continues to remain challenging: FMCG demand sentiment has stayed consistent during the quarter, largely mirroring trends seen...
215 Views
FMCG/Alco Bev & QSR - Challenging Demand Environment
Demand environment continues to remain challenging: FMCG demand sentiment has stayed consistent during the quarter, largely mirroring trends seen...
163 Views